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Tag Archives: China
Obamanomics
OK, I think I have this whole Health Reform thing figured out now. Congress passes massive new entitlement program; Program is funded by increased taxes on interest and dividends; Reduced incentive to save and invest leads to reduced capital formation; … Continue reading
Posted in Current Events, Money and Finance
Tagged "health care", bankruptcy, China, debt, economics, government, Obama, taxes, unemployment, welfare
1 Comment
The demise of the dollar
The Independent (UK) reports that Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading. Dear America, We could not help but notice your peevishness at Saddam Hussein’s 2000 decision … Continue reading
Posted in Current Events, Money and Finance
Tagged arab states, China, demise of the dollar, France, independent uk, Iraq, iraqi oil, oil trading, petrodollar, Russia, saddam hussein, us currency
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More racism from an Obama critic
Tom G. Palmer is upset with Obama for starting a trade war with China, and for continuing the idiotic and inhumane embargo of Cuba. Sphere: Related Content
Darn Commies!
China alarmed by US money printing Somehow, I don’t think the Chinese will loan us the money to invade and occupy China the way we did Iraq. Sphere: Related Content
Posted in Money and Finance
Tagged "Federal Reserve", "US Treasury", China, dollar, inflation, Iraq
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